Are you wondering how to gamble online without using a credit card? If yes, this review will recommend various payment methods to withdraw and deposit money from an online gambling site or a sportsbook casino without using a credit card. Payment methods are one of the key elements that identify a reputable casino; gamblers must always seek to know the different ways of payment their chosen casino offers. Without using a credit card, it’s possible to play at online betting sites, receive rewards and promotions, deposit, and cash out your wins.
What alternative methods are there
The great thing about casinos is that they offer various modes of payment, so you don’t have to stick to one alternative but consider others you find suitable. Below are five popular payment methods alternative weβve compiled for you:
Cryptocurrencies
The most popular cryptocurrency is Bitcoin; some gambling sites also offer other cryptocurrencies, such as Dogecoin, Ethereum, Tether, Dai, Litecoin, Bitcoin cash, eCash, and more. If you prefer a cryptocurrency mode of payment, then make sure your gambling sites offer it, but the good news is most popular gambling sites accept Bitcoin and other cryptocurrencies.
Cash app
This banking option is popular and easy to use as it enables gamblers to directly transfer funds to their selected gambling sites without any issue. If you’re a cryptocurrency user, then note that this digital app also provides a Bitcoin wallet. You can send, buy, and receive bitcoin at any time.
Debit card
Debit cards are very similar to credit cards; what differentiates the two is that with a debit card, youβll spend your own money rather than credit. Choosing this alternative is a great option, but you need to inform your bank to avoid being blocked, especially if you deposit or receive huge amounts.
Wire transfer
You might not always see this payment option at offshore casinos, but well-known gambling sites offer wire transfers, especially if you’re looking to bet higher limits. The payout and deposit time frame might take more time than other payment alternatives.
Prepaid cards
Most people use this alternative because they don’t want to fill in their details, such as their debit card details. Prepaid cards are one of the most popular banking methods used by most players. Visa gift cards are considered to be prepaid cards.
Why betting without a credit card is safe
Some gambling sites have banned credit cards due to players getting into huge debts. Youβll be safer using any of the payment alternatives mentioned above. Even though credit and debit cards are similar, if your debit card gets stolen, you need to go to your bank, and they’ll block the stolen card, give you a new card and refund your money, but that’s not the case for credit cards.
Advantages and disadvantages of betting without a credit/debit card
Here are some advantages and disadvantages of betting online without a debit card:
Advantages:
- You won’t get into debts
- Payments are quick
- Safe and secure deposits
Disadvantages:
- You can’t exceed your limits
- Banks might not accept gambling payments
Which are the best betting sites without a credit card
Below are the three best gambling sites we’ve prepared for you; if you don’t want to use a credit card:
- Cloudbet
- mBit
- Betonline
Is it legal to bet without a credit card?
Yes, it is. Gambling sites offer numerous payment methods. As long as the site where you’re vetting is legal and trustworthy, you can use any of the payment methods they offer.
Final words
As mentioned in the review, banking methods are a huge aspect of any traditional or online casino. You select a trustworthy gambling site by checking its reviews, security, rewards, and promotions. Many fraudsters are seeking to hack gamblers’ accounts for financial gain; the casino’s security is very important for such incidents not to happen. We want to recommend cryptocurrency as the best payment alternative because it’s fast and very secure.
FAQ’s
Yes, of course! The first time you set up your account by providing your card details, the casino automatically saves your information. Every time you’ll make a deposit or withdraw money, it’ll directly go through.
One of the reasons casinos decline their gambler’s banking cards could be because the information filled in is incorrect. You need to enter the correct digits on your card, and the CVV2 code must also be correct; if all correct digits are entered then the casino will accept your banking card.